Swiss Re AG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	41,108	42,286	40,127	43,118	42,726	40,770
Total Interest & Dividend Income	1,512	1,492	819	2,876	2,569	3,561
Gain (Loss) on Sale of Investments	339	264	162	-3	600	-972
Other Revenue	422	411	231	13	846	-14
Total Revenue	43,381	44,453	41,339	46,004	46,741	43,345
Revenue Growth (YoY)	-5.38%	7.53%	-10.14%	-1.58%	7.83%	-12.13%
Policy Benefits	34,935	37,982	35,442	33,608	32,604	32,007
Policy Acquisition & Underwriting Costs	-	-	-	7,800	8,228	8,236
Selling, General & Administrative	-	-	-	3,369	3,505	3,597
Other Operating Expenses	1,843	2,135	1,758	-	-	-
Total Operating Expenses	36,778	40,117	37,200	44,777	44,337	43,840
Operating Income	6,603	4,336	4,139	1,227	2,404	-495
Interest Expense	-408	-392	-390	-576	-573	-595
Other Non Operating Income (Expenses)	-67	-68	-70	-	-	-
EBT Excluding Unusual Items	6,128	3,876	3,679	651	1,831	-1,090
Asset Writedown	257	257	247	-	-	-
Pretax Income	6,385	4,133	3,926	651	1,831	-1,090
Income Tax Expense	1,292	895	785	171	394	-266
Earnings From Continuing Ops.	5,093	3,238	3,141	480	1,437	-824
Minority Interest in Earnings	-18	3	-30	-8	-	-54
Net Income	5,075	3,241	3,111	472	1,437	-878
Preferred Dividends & Other Adjustments	186	62	68	-	-	-
Net Income to Common	4,889	3,179	3,043	472	1,437	-878
Net Income Growth	72.74%	4.18%	559.11%	-67.15%	-	-
Shares Outstanding (Basic)	286	292	290	289	289	289
Shares Outstanding (Diluted)	289	295	297	303	304	289
Shares Change (YoY)	-6.45%	-0.49%	-2.08%	-0.15%	4.98%	-6.59%
EPS (Basic)	17.09	10.88	10.50	1.63	4.97	-3.04
EPS (Diluted)	16.91	10.78	10.33	1.60	4.78	-3.04
EPS Growth	77.18%	4.29%	544.50%	-66.46%	-	-
Dividend Per Share	-	7.350	6.800	6.400	6.472	6.669
Dividend Growth	-	8.09%	6.25%	-1.11%	-2.95%	9.46%
Operating Margin	15.22%	9.75%	10.01%	2.67%	5.14%	-1.14%
Profit Margin	11.27%	7.15%	7.36%	1.03%	3.07%	-2.03%
EBITDA	6,660	4,397	4,205	1,306	2,467	-428
EBITDA Margin	15.35%	9.89%	10.17%	2.84%	5.28%	-0.99%
D&A For EBITDA	57.25	61	66	79	63	67
EBIT	6,603	4,336	4,139	1,227	2,404	-495
EBIT Margin	15.22%	9.75%	10.01%	2.67%	5.14%	-1.14%
Effective Tax Rate	20.23%	21.65%	19.99%	26.27%	21.52%	-
Revenue as Reported	-	-	-	45,998	46,739	43,338

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.